Nordic American Offshore Bags PSV Contract

Shailaja A. Lakshmi
Thursday, December 13, 2018

Bermuda-headquartered Nordic American Offshore (NAO) has been awarded a two-year fixed contract for the Platform Supply Vessel (PSV) built in 2015, 'NAO Viking'.

Commencement will be about mid-December 2018. The contract also grants the customer two one-year optional periods after the initial firm period, said a press release from the owner and operator of platform supply vessels in the North Sea

'NAO Viking' will be operating primarily in the North Sea for a first class company.  This contract has been concluded with one of the Company's regular customers.

The contract is securing steady employment and contribution for 'NAO Viking'.

Two days ago, NYSE-listed offshore support vessel owner Scorpio Group took control of NAO, via a private placement into company’s shares worth $5 million.

Categories: Offshore Vessels Contract Platform Support Vessel

Related Stories

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Flows to Lag Even if Hormuz Strait Reopens

Philippines Seeks US Extension to Buy Russian Oil

Middle East Producers Gear Up for Hormuz Export Restart

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Oil Shoots Over $110 as Trump's Iran Deadline Looms

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Current News

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Oil Flows to Lag Even if Hormuz Strait Reopens

Eni Makes Major Gas Discovery Offshore Indonesia

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com